Cisco (NASDAQ: CSCO) sales EVP sells in 10b5-1 plan, keeps 165K shares
Rhea-AI Filing Summary
Cisco Systems executive Oliver Tuszik, EVP Global Sales, reported a sale of 2,760 shares of Cisco common stock on August 14, 2026 at $112.46 per share, executed under a Rule 10b5-1 trading plan. Following this transaction, he holds 165,276.363 shares directly, including 1,722.899 dividend equivalents accrued on unvested restricted stock units.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 2,760 shares
Net Sell
1 txn
Insider
Tuszik Oliver
Role
EVP, Global Sales
Sold
2,760 shs ($310K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,760 | $112.46 | $310K |
Holdings After Transaction:
Common Stock — 165,276.363 shares (Direct)
Footnotes (2)
- F1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025.
- F2. Includes 1,722.899 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Key Figures
Shares sold: 2,760 shares
Sale price per share: $112.46 per share
Shares owned after transaction: 165,276.363 shares
+3 more
6 metrics
Shares sold
2,760 shares
Common stock sale on August 14, 2026
Sale price per share
$112.46 per share
Price for the 2,760 Cisco common shares sold
Shares owned after transaction
165,276.363 shares
Direct Cisco common stock holdings following the sale
Dividend equivalents included
1,722.899
Dividend equivalents on unvested restricted stock units within post-transaction holdings
Sell transactions in this filing
1 transaction
Single reported sale of common stock by the insider
Net shares sold
2,760 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 plan, dividend equivalents, restricted stock units, economic equivalent
4 terms
Rule 10b5-1 plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
dividend equivalents financial
"Includes 1,722.899 dividend equivalents accrued on unvested restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"dividend equivalents accrued on unvested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each dividend equivalent is the economic equivalent of one share"
FAQ
What insider transaction did CSCO executive Oliver Tuszik report on this Form 4?
Oliver Tuszik reported a sale of 2,760 shares of Cisco Systems common stock on August 14, 2026. The sale was executed under a Rule 10b5-1 trading plan and left him with a substantial remaining direct share position.
Was the CSCO insider sale by Oliver Tuszik made under a Rule 10b5-1 plan?
Yes, the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 17, 2025. Such plans pre-arrange trading activity, which can reduce the informational content of transaction timing regarding the insider’s current views on the stock.
What are the dividend equivalents mentioned in the CSCO Form 4 for Oliver Tuszik?
The filing notes 1,722.899 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock and is included in Tuszik’s reported post-transaction ownership total.
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